Financially, it's not a bad quarter. The concern from a retail perspective is that top-line sales number. It's not where you want to be as an ongoing, viable retailer. ... Long-term, you don't want to be losing customers.
More Quotes from Neil Stern:
It's a very small company right now but its got the right idea of providing a one-stop shop for specialty products catering to expectant mothers and young children,Neil Stern
Albertson's owns the ground under about 60 percent of their stores, including a fair amount in California. With Northern California real estate so difficult to come by, that has its own value.
Neil Stern
It's almost a throwback concept. They're very clean stores. They're wholesome very much focused on comfort food. They have very much a family orientation a good mix of families and young kids.
Neil Stern
What they've done is buy themselves some time. The challenge is, how long does it last If you're still losing sales, those stores that are profitable today won't be profitable tomorrow.
Neil Stern
Tommy Hilfiger came in and created 300 shops. Now every one of the department store anchors has a Tommy shop and a Liz shop, ... It gave vendors more control, and it also was a real estate grab. There was no real defined reason to go to Marshall Field's because it has X, X and X that Carson's doesn't have.
Neil Stern
Readers Who Like This Quotation Also Like:
Based on Topics: Perspective QuotesTo the wise, life is a problem; to the fool, a solution.
Marcus Aurelius
I think most of the people, once you see a Kiss show, you kinda get spoiled because I don't think there's anybody out there that's doing a bigger or a better show than us.
Ace Frehley
I think when someone becomes an actor, people say, Aw, you could see it in him when he was little. But I think you can see that quality in every little kid.
Skeet Ulrich